Floating Solar Panels Market to Cross 2.5 GW by 2024: Report Updated On Tue, Feb 27th, 2018 by Saurenergy On grid floating solar panels market volume could witness a significant growth of over 45 per cent from 2016 to 2024. According to a new research report by the market research and strategy consulting firm, Global Market Insights, Inc, the Floating Solar Panels Market share is estimated to exceed 2.5 GW by 2024. On grid floating solar […] Read more
Engagement of Social Development Consultant for SECI Updated On Tue, Feb 27th, 2018 by Saurenergy Solar Energy Corporation of India Limited (SECI) is planning to set up a solar –wind hybrid project with World Bank financing. To prepare and ensure the social safeguards requirement for the project, SECI intends to engage a Social Development Consultant on Retainer basis. Individuals having vast experience in various areas of preparation and implementation of […] Read more
S’pore-based SolarHome Raises $1.2 mn in Convertible Note Offering Updated On Mon, Feb 26th, 2018 by Saurenergy The company to use funds to expand into dry zone in Myanmar and build out credit risk management function. A Singapore-based start-up, SolarHome, that provide Pay-As-You-Go (PAYG) solar off-grid solutions, has raised another USD 1.2 million in growth capital through an issue of convertible notes to a consortium of investors. The company to use funds to expand […] Read more
Renew Power Commits Rs 13k cr Investment on Clean Energy in AP Updated On Mon, Feb 26th, 2018 by Saurenergy The move has come to develop renewable energy capacity in Andhra Pradesh and also helps in generating direct employment for 4,000 people and indirect employment for 6,000 people. Renewable energy company ReNew Power has inked a Memorandum of Understanding (MOU) with the Andhra Pradesh (AP) government during the ongoing 3-day CII Partnership Summit to invest Rs 13,000 crore over the next five years. […] Read more
Smart Grids Overcome Renewable Energy Variability and Uncertainty Updated On Mon, Feb 26th, 2018 by Saurenergy Smart grids—modernized networks that enable bidirectional flows of energy and use two-way communication and control capabilities, and “distributed generation”— will address the variability and uncertainty of RE without utilities having to add to their conventional Renewable Energy (RE, which includes hydro, biomass, and geothermal as well as the more familiar photovoltaic (PV) and wind) faces […] Read more
MNRE Leads from the Front to Push Solar Sector Updated On Sat, Feb 24th, 2018 by Saurenergy The latest move by MNRE should be seen at a time when India had failed to comply with a World Trade Organisation (WTO) ruling on solar power. The government of India, through its MNRE, seems to have woken up by issuing the latest amendments to accelerate the growth of the solar photovoltaic sector. The recent […] Read more
Govt Issues Penalty for Violating DCR Norms Under MNRE’s Solar PV Projs Updated On Fri, Feb 23rd, 2018 by Saurenergy The move has come to avoid misuse of policy. The Government of India (GoI), through the Ministry of New and Renewable Energy (MNRE), has issued a memorandum titled – “Penalties for violation of norms of Domestic Content Requirement (DCR) under Solar PV power projects under MNRE’s Schemes / Programmes”. The memorandum was published on the MNRE […] Read more
Solar Panel Case: MNRE Removes DCR Clause From 5 GW Phase-II Batch-IV VGF Scheme Updated On Fri, Feb 23rd, 2018 by Saurenergy The amendment comes in response to the US allegation that India had not complied with the World Trade Organisation’s ruling in the solar panels dispute case. In a significant development, the Ministry of New and Renewable Energy (MNRE) has announced an amendment for the implementation of a scheme for setting-up of more than 5 GW […] Read more
Indian Scientists Develop Next-Gen Test-Bed to Generate Clean Energy Updated On Fri, Feb 23rd, 2018 by Saurenergy This early stage research, of India’s one of the premier institutes, could potentially be useful for meeting the energy needs of the country. Indian scientists have developed a super critical carbon dioxide (CO2) Brayton test loop facility to generate clean energy from future power plants including solar thermal. It was developed by the Indian Institute […] Read more
